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Friday, August 31, 2018 10:45:48 AM
Is it Whales or MM's blocking and Accumulating here?
Think it’s a little bit of both going on.
There was a 500K print that went thru on 54 when bids were stacked at 55. MMs rebalancing imo or doing some funny business there. Interesting price action for sure on last day of aug. post Labor Day, suspect vol will start hitting hard in general mkt and especially in small float MJ plays like $DPWW
Nice to be able to pick up these 6s and 7s imo prior to the big move. My 2¢
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